Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX – Get Rating) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 417,700 shares, a growth of 24.9% from the February 13th total of 334,400 shares. Based on an average trading volume of 170,700 shares, the short-interest ratio is currently 2.4 days.
Nuveen S&P 500 Buy-Write Income Fund Stock Performance
NYSE:BXMX opened at $12.84 on Monday. The company has a fifty day moving average of $13.18 and a two-hundred day moving average of $13.02. Nuveen S&P 500 Buy-Write Income Fund has a fifty-two week low of $11.72 and a fifty-two week high of $14.45.
Get Nuveen S&P 500 Buy-Write Income Fund alerts:Nuveen S&P 500 Buy-Write Income Fund Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, April 3rd. Stockholders of record on Wednesday, March 15th will be issued a dividend of $0.236 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date of this dividend is Tuesday, March 14th.
Institutional Investors Weigh In On Nuveen S&P 500 Buy-Write Income Fund
A number of large investors have recently modified their holdings of BXMX. PrairieView Partners LLC purchased a new stake in shares of Nuveen S&P 500 Buy-Write Income Fund during the fourth quarter worth $63,000. Captrust Financial Advisors purchased a new stake in shares of Nuveen S&P 500 Buy-Write Income Fund during the second quarter worth $64,000. Oliver Lagore Vanvalin Investment Group grew its holdings in shares of Nuveen S&P 500 Buy-Write Income Fund by 171.0% in the fourth quarter. Oliver Lagore Vanvalin Investment Group now owns 5,419 shares of the financial services provider's stock valued at $69,000 after purchasing an additional 3,419 shares during the period. Centaurus Financial Inc. purchased a new stake in shares of Nuveen S&P 500 Buy-Write Income Fund in the third quarter valued at about $102,000. Finally, Hollencrest Capital Management purchased a new stake in shares of Nuveen S&P 500 Buy-Write Income Fund in the fourth quarter valued at about $109,000.
Nuveen S&P 500 Buy-Write Income Fund Company Profile
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Nuveen S&P 500 Buy-Write Income Fund is a closed-end investment trust, which invests in an equity portfolio of securities. It aims to seek total return with less volatility than the S&P 500 Index. The company was founded on October 26, 2004 and is headquartered in Chicago, IL.
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